On the Take

THE STRUGGLE AGAINST CORRUPTION IN INDIA

Jo McGowan November 7, 2011 - 10:42am

The problem of corruption in Indian public and private life is vast and complex. According to a 2006 report by the Swiss Banking Association, India has more money hidden in Swiss accounts than the rest of the world combined. If the money in those accounts were returned to India, the government could pay off its debt thirteen times over. Yet India’s reputation as a poor country persists and more than 40 percent of its population lives in extreme poverty (on an income of less than $1.25 per...

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